LAWS5234 Taxation of Trusts

Credit
6 points
Offering
(see Timetable)
AvailabilityLocationMode
Non-standard teaching periodUWA (Perth)Face to face
Content
This unit covers the complex Australian taxation of trusts in relation to both domestic and foreign trusts. Core issues examines areā€”the nature of a trust; trusts in tax legislation; the statutory scheme in trust taxation; present entitlement; streaming of trust income; anti-avoidance; trust losses; capital gains and trusts; taxation of non-resident trusts and taxation of non-resident trust beneficiaries.
Outcomes
Students are able to (1) demonstrate a thorough understanding of the core principles of Australian trust taxation in both a domestic and international context; (2) critically evaluate the law in the fields relating to the concepts of a trust and present entitlement; (3) analyse the controversies in the taxation of trusts in Australia; (4) apply the income tax act to a range of trust scenarios both domestic and international; (5) apply law in relation to anti-avoidance, trust losses and income streaming to trust scenarios; (6) use appropriate research methods to answer complex questions in relation to trust taxation; find, understand and apply a wide range of legal and academic sources to trust taxation issues; (7) effectively communicate, both in writing and orally, their analyses and conclusions in relation to trust taxation; and (8) organise their work effectively and work autonomously, and reflect upon and use feedback.
Assessment
Indicative assessments in this unit are as follows: (1) research essay; (2) examination; and (3) in-class presentation and participation. Further information is available in the unit outline.

Supplementary assessment is not available in this unit.
Unit Coordinator(s)
Winthrop Professor Nolan Sharkey
Unit rules
Advisable prior study:
previous study or knowledge of tax law is strongly advised
Contact hours
Students must attend every day of the intensive period, Monday 2 to Friday 6 December. Refer to the timetable website for further information.
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